CapitaLand Ascott Trust - Annual Report 2023

FY 2023 KEY HIGHLIGHTS 16% YoY increase to 6.57 cents Distribution per Stapled Security 23% YoY increase to S$148 Revenue per Available Unit Accretive acquisition of S$530.8M in lodging properties Divesting S$260.1M in mature properties Completed development of Standard at Columbia, with strong occupancy of >90% upon opening Embarked on 5 asset enhancement initiatives, with 3 more commencing in 2024 CONTINUED GROWTH IN DISTRIBUTIONS ACTIVE PORTFOLIO RECONSTITUTION AND ASSET ENHANCEMENT 4 CAPITALAND ASCOTT TRUST

RkJQdWJsaXNoZXIy NTkwNzg=